Planisware Initiation: high-quality Rule of 50
We initiate coverage of Planisware with a Neutral rating (link here), recommending that investors place this high-quality and high-growth cash machine on their watchlist and wait for a more attractive entry price that would provide an adequate margin of safety, upside and compensation for very inte
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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